However, the numbers look too big to plausibly achieve.
It is interesting to ponder what sanction the club might receive when they fail the test.
If the fee were to be paid by the Qatar Tourist Authority for example, there would be some interesting implications.
If the transaction took place entirely outside PSG accounts, the the purchase would not appear in the club accounts. UEFA have robust and comprehensive Related Party Transaction (RPT) rules to capture such a scenario.
The Although UEFA wouldn't discount all the QTA £70m, they would exclude most of it; hence it would still be surprising if PSG could pass the Break Even test carried out in 2018/19 FFP.
Of course the club will attract some additional genuine sponsorship and might be able to make some trading profit on player trading.
Moving from an assessment over one season to an assessment over three seasons has presented some challenges.
PSG failed the Break Even test in 2014, and, although the punishment is now ‘spent’, it is hard to see them taking such a lenient line with the club for such second, flagrant transgression that has made a mockery of the rules and so angered Barcelona.
Consequently, the £198m fee would be included as a single amount in the FFP test that takes place in 2018/19 season (when the RPT is identified by UEFA and included in the FFP calculations).
So, if QTA pay the fee and Neymar isn’t amortised, there is no way that the club will pass the 2018/19 FFP test; it is inconceivable that they could claim sufficient increased sponsorship to get them over the E30m maximum for the three seasons if there is a one-off £198m expense.
For this reason (and owing to the Third Party ownership rules), I suspect the only way QTA could make this work would be to pay PSG around £70m a year as additional 'sponsorship'.
PSG would then buy Neymar on a 5 year deal from Barcelona.